Sigh, over the past couple of days I’ve seen people arguing about creator royalties again. Those slivers of splits in the secondary market—honestly, the mechanism should have been thought through when designing it: hard-coded royalties in the code versus optional royalties based on moral constraints are, in essence, two different sets of game rules. Now the project teams and the platforms are throwing blame back and forth, making it feel like a “scalping” scene.

On the modular blockchain side, developers are shouting for a data availability layer—what about the users? Totally clueless. Who can explain clearly what this actually has to do with the NFTs in your hands? In any case, it seems to me that a bunch of projects treat “composability” as a slogan; in the end, royalties disappear, and liquidity scatters everywhere.

Next time you rush into a new project, first check whether royalties in their contract are hard-coded or just for show—don’t get led astray by the “creator-friendly” messaging on the roadmap. How do you all judge a project’s long-term value right now—community consensus, or code commitments?